The main building of the National Bank of Ukraine in Kyiv. The NBU aims to clean up non-performing loans and reach a 20% ratio nationwide by 2025. The most immediate challenge is to mitigate the effect of the COVID‑19 crisis.
Ukraine’s banking sector has not withered under the strain of the economic crisis.
Reports from the National Bank of Ukraine showed that the banks collectively reported a net profit of $1.5 billion in 2020, and almost $400 million in the first quarter of 2021.